Man and woman holding keys to new home and text saying, "Bank Skowhegan"

Home Loans

Local decisions, local service

Our team of experienced lenders are here to help you along the way to home ownership. Whether you are a first-time home buyer or an experienced homeowner, we are here to help you achieve your dreams. We'll work with you every step of the way, from prequalification and completing the application to sitting at the closing table. 

All of our decisions are made locally.  We never sell the servicing of our loans to outside investors.



Vacation Home Loans

Mobile Home Loans

First Time Home Buyers

Residential Construction Loans

Home Equity Lines of Credit

 Man and woman smiling and dreaming about a house with text saying, "Make your dream home a reality"

Mortgages: Residential Home Buying or Refinancing

Make your dream home a reality
  • Financing up to 97% of purchase price
  • 10, 15, 20 and 30 year terms available
  • 60-day interest rate lock at application
  • Fixed and variable rate options
  • Bi-weekly payment schedule available
  • First Time Home Buyer Programs available

Young women and man smiling on ski slop with text saying, "Take the stress out of buying your next oasis"

Vacation Home Loans: Second homes

Take the stress out buying your next oasis
  • 10, 15, 20 and 30 year terms available
  • 60-day interest rate lock
  • Fixed and variable rate options
  • Bi-weekly payment schedule available

 Exterior of a home with text saying, "Mobile/Manufactured Homes"

Mobile Home Loans

Also know as manufactured homes.
  • Buying and placing newly built
  • Buying or refinancing existing
  • Double and single wide with land
  • Buying new single or double wide placed on leased land programs available for first time homebuyers only
  • 10, 15, 20 and 30 year terms available
  • Fixed rates

Couple sitting with a loan officer and text saying, "Borrow up to 100% of purchase price"

First Time Home Buyers

Borrow up to 100% of purchase price
  • Reduced interest rates
  • Closing cost assistance
  • Taxes and insurance are added to your monthly payment
  • Borrow up to 95% purchase price on manufactured and mobile homes

A construction worker smiling

Residential Construction Loans

Single close construction loans with up to 95% financing
  • Generous 12-month construction period
  • One closing to save you time and money
  • Monthly interest-only payments during construction phase
  • Rate locked in at application

Woman smiling and man painting wall with text saying, "Use the equity in your home"

Home Equity Lines of Credit

Use the equity in your home to buy what you want or need
  • 5 Year draw period with renewal opportunities
  • Draw from the line using online banking, our mobile app, checks provided, by phone or in-person.
  • 15 Year repayment period at the end of draw period
  • No annual fee
  • Interest may be tax deductible. Consult your tax advisor.
  • Variable rate with fixed rate introductory periods available
  • Fixed rate and term home equity loans available

Apply For A Home Loan!

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What will you need to get started?

A woman looking off into the distance, next to a "House For Sale" sign
We've got you covered! Visit our 'Your Home Loan Center' for an easy step-by-step overview on what you will need to provide to apply for a home loan, the application process and more.